Clour corrector broken

Hi guys.
I am using Media Composer 3. When I try colour correct, I get the 3 monitors and the colour wheels and curves options, but when I move the colour wheels around or try anything for that matter, nothing happens...
I have checked the Render on the fly option, and changed my Windows 7 display options from the fancy Aerial nonsense to the basic option and back, but nothing has worked.

Does anyone have any suggestions?

Thanks!
 
Windows 7 isn't approved, so that could be it. Has it worked before? What graphics card do you have and what driver for that card? Mac or PC?
 
It has happened before when I was using Vista Unlimited x64, but I changed the display settings and it worked. I have done the same thing for Windows 7, but nothing...

I am running 2 AMD dual core 285's, 8G ram, and an Nvidia GeForce 8800 GTS 512.
 
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